Student99 (S) (12 Points)
07 May 2024Dear Forum Members,
I have a question regarding TDS returns and I was hoping to get some guidance from this knowledgeable community.
As per my understanding, TDS returns for employees are filed every quarter.
But, if no TDS is due and TDS returns have not been filed for the first three quarters of last year, is it possible to file NIL TDS returns (salaries under 7 Lakhs annual) at this stage so their employees can be given form 16 for last year?
Thank you very much!
NARENDRA
(ACCOUNTS MANAGER)
(1994 Points)
Replied 07 May 2024
YES YOU CAN FILE NIL RETURN TOO , BUT BETTER TO AVOIDE NIL RETURN & SHOULD FILE DIRECTLY 4TH QUARTERS RETURN ..........
Akshay Badala
(43 Points)
Replied 10 May 2024
Manish Sharma
(Sr. Accountant)
(8 Points)
Replied 21 May 2024
Yes you can but, there's is no need to file return, please avoid filing these type return be safe...
CAclubindia
